Audit Report of Little League Baseball, Inc.

B-55712: Published: Mar 29, 1977. Publicly Released: Dec 3, 1982.

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An audit report of Little League Baseball, Inc., was prepared by a firm of certified public accountants for the year ended September 30, 1976.

The report includes a statement of the scope of audit and the auditor's opinion that the financial statements present fairly the financial position of Little League Baseball, Inc. The audit and financial reporting requirements of P.L. 88-378 have been met. The financial statements show that three employees at yearend were indebted to the Corporation for $35,300 for home mortgage loans. This is a continuing practice of the Corporation.

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